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Cumulative returns on accounts managed by Long Cast Advisers decreased 7.4% in 2Q18, net of applicable fees. This was worse than the various indices against which we benchmark ourselves. Year to date returns through June 30, 2018 is (8.6%) net of fees. Since inception, we have returned a cumulative 61% net of fees, ahead of our benchmarks.
Cumulative returns on accounts managed by Long Cast Advisers decreased 7.4% in 2Q18, net of applicable fees. This was worse than the various indices against which we benchmark ourselves. Year to date returns through June 30, 2018 is (8.6%) net of fees. Since inception, we have returned a cumulative 61% net of fees, ahead of our benchmarks.
IVTY: An Uncommon Perspective
Opportunities arise when expectations of short-term investors aren't met even as evidence suggests a growing business is successfully operating against its plan.